Ribbon cutting in front of the research a n d development testing plant. Kobayashi, the seventh from right; Oum, the sixth; a n d Lee; the fourth

On June 15, STEMCO held a completion ceremony for the research a n d development testing plant.

Blessed with fine weather, the ceremony was attended by about 200 guests led by Toray Industries, Inc.'s Hirofumi Kobayashi, Vice President, a n d Lee Young-kwan, Chief utive Representative for Korea, a n d other Toray Group officials from Korea a n d outside the country, Mr. Seol Munsik, Vice Governor of Chungcheongbuk Province, Mr. Yun Jaegil, Vice Mayor of the city of Cheongju a n d other officials from local municipalities a n d those from business partner companies. On behalf of the guests, Toray's Kobayashi delivered a congratulatory speech reflecting the expectations on new products being made at the new plant.

During the ceremony, STEMCO President Oum Young-Ha announced the company's medium-term vision, VISION 6600 with the slogan of Challenge, Convergence a n d Creative, a n d declared his strong commitment in continuously growing the company through development a n d commercialization of new products.

It was a great pleasure for all employees to present the new plant in the year that marks the company's 20th anniversary a n d we renewed our pledge to make further leap in our business.